Finance & Development, March 2013.

Format:

Book

Government document

Author/Creator:

International Monetary Fund.

Series:

Finance & Development; Finance & Development ; No. 0050/001

Finance & Development

Language:

English

Subjects (All):

Democratization--Middle East.

Democratization.

Islam and politics--Middle East.

Islam and politics.

Middle East--Politics and government--21st century.

Middle East.

Physical Description:

1 online resource (60 p.)

Place of Publication:

Washington, D.C. : International Monetary Fund, 2013.

Language Note:

English

Summary:

Two years ago, citizens in the Arab world—fired by their ideals and visions of a better life—ignited a social movement that inspired people around the globe. In Egypt, Jordan, Libya, Morocco, Tunisia, and Yemen—the so-called Arab countries in transition—people embraced change, ushering in a new era. This issue of F&D looks at the difficulties of this transition, focusing on long-standing forces that shape the region’s economy and offering options for moving ahead to achieve strong, inclusive growth. • Masood Ahmed, Director of the IMF’s Middle East and Central Asia Department, maps out an agenda for modernizing and diversifying the region’s economies in “Toward Prosperity for All.” • In “Freedom and Bread Go Together,” Marwan Muasher addresses the intersection of economic progress and political change. • Vali Nasr, in a Point of View column, underscores the vital role small and medium-sized enterprises play in a successful democratic transition. Elsewhere in this issue, we look at how surging oil and gas production in the United States could shake up global energy markets; the effect of uncertainty on economic growth; and Mexico’s competitiveness rebound. F&D's People in Economics series profiles Christina Romer, former chair of the U.S. Council of Economic Advisers and an architect of the U.S. stimulus package; and the latest installment in our Back to Basics series explains how structural policies help to both stabilize and strengthen economies.

Contents:

Cover; Contents; DEPARTMENTS; In Brief; People in Economics; The 787 Billion Question; FEATURES; MIDDLE EAST: LOOKING AHEAD; Toward Prosperity for All: Arab countries in transition need a guiding vision for the future; Freedom and Bread Go Together: Economic reforms in the Arab world must be implemented in parallel with political change; Only Fair: Social justice must be at the foundation of Arab economic reforms; As a Matter of Finance: To help boost economic growth, Arab countries need a stable supply of funds and better access to credit

Point of View: Business, Not as Usual: Private enterprise, driven by a nascent middle class, is the key to successful democratic transition in the Middle EastStraight Talk: Defining Moment: Only by opening up will the Arab countries in transition achieve the broad-based growth their societies so desperately need; Picture This: Trade, Growth, and Jobs: Closer trade integration would reward countries in the Middle East with increased growth and jobs; ALSO IN THIS ISSUE

On the Rise: High prices and new technology have triggered a sudden surge in oil and gas production in the United States that could shake up global energy marketsHeld Back by Uncertainty: Recoveries are slowed when businesses and consumers are unsure of the future; Degrees of Development: New data suggest that the higher the educational attainment of civil servants the better a country's economic outcomes; Back to Basics; What Are Structural Policies? Monetary and fiscal policies deal with short-term economic fluctuations, but an economy's problems often go deeper

The Comeback: Mexico's newfound competitiveness helps it regain a share of the U.S. import market it had lost to ChinaBook Reviews; The Battle of Bretton Woods; The Bankers' New Clothes: What's Wrong with Banking and What to Do about It; The Great Indian Phone Book; Data Spotlight; Inclusive Africa: The number of Africans with access to banking and other financial services is growing

Notes:

March 2013.

Description based on online resource; title from PDF title page (ebrary, viewed September 29, 2014).

ISBN:

9781475564525

147556452X

9781475576986

1475576986

9781299395091

1299395090

9781475576313

1475576315